I guess the main thing we learned with the SEC rejection for a Bitcoin ETF is that there is still a lot to be done before the governemnt can see Bitcoin has a good thing. We still need to educate the government on what is actually the potential of this new tech.
Educate the government about bitcoin?I think it would be still useless since now the rejection already means that they dont really like to accept bitcoin no matter what we do all know its advantages and disadvantages and government already sees that,the decide to reject because they know what would happen if they do accept it.No lesson learned here but for us bitcoin users we are really hoping for that approval but sadly it didnt happen at all.
How about you get your shit together ?
First,
Bitcoin was not decline by the
govenementA bitcoin based ETF was declined by SEC.gov - if you read instead of talk, you will see that Blockchain based ETF passed, yes they passed, for example "t0" by OverStock
The ETF decline was legit, the SEC exists to approve/decline proposals to protect investors, and Bitcoin is not built for WallStreet trading (go read the whitepaper).